Hudson's Bay gets an offer the retailer can refuse

Article Abstract:

Theodore Roxford, the owner of Barahona Ferrari and Roxford, has made an offer worth $1.4 billion, $20-a share, all-cash offer to buy Hudson's Bay Co. (HBC). The president of HBC, George Heller, and financial officer Michael Rousseau revealed that the proposal doesn't seem very interesting to them and the board of directors of management of HBC doubt whether the offer is capable of completion.

Management dynamics, Management, Company business management, Hudson's Bay Co., Business owners, Roxford, Theodore

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Weston set to acquire Selfridges

Article Abstract:

Selfridges PLC, which is a leading United Kingdom-based department store chain, will be acquired by Canada's Weston family. The deal, which has been valued at about $960 million,?was announced by Weston's Wittington Investments Ltd.

United Kingdom, Selfridges Retail Ltd., Wittington Investments Ltd.

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Sears' profit result puts ball in parent's court

Article Abstract:

Sears Canada Inc. achieved $783.4 million in profits for fourth quarter 2005. The financial performance of the company paves way for the acquisition of Sears Holdings Corp.

United States, Sales, profits & dividends, Company sales and earnings, Company earnings/profit, Sears Canada Inc., Sears Holdings Corp., SHLD

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